NYSE$HOMB
Home BancShares Inc/AR · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Home BancShares' Q1 2024 earnings reflected positive trends, including increases in net interest income, revenue, EPS, margin, loans, and deposits, along with strong liquidity and a lower efficiency ratio.
Home BancShares, Inc. reported a strong start to 2024 with increased net income, revenue, and EPS. The company also demonstrated strong liquidity and lowered its efficiency ratio.
- Net income for Q1 2024 was $100.1 million, or $0.50 diluted earnings per share.
- Total revenue (net) for Q1 2024 was $246.4 million.
- Net interest margin was 4.13% for the three-month period ended March 31, 2024.
- Total loans receivable were $14.51 billion at March 31, 2024, and total deposits were $16.87 billion.
Headline financials
Revenue & EPS history
Home BancShares · Revenue · Quarterly
$246M
Forward guidance
Management anticipates continued positive trends and improvements in the company's financial performance throughout the remainder of the year.
Tailwinds
- Potential for a great year if positive trends from Q1 continue.
- Anticipated increases in net interest income.
- Expected revenue growth.
- Projected EPS improvements.
- Continued strong liquidity.
Headwinds
- Potential impact of excess liquidity on net interest margin.
- Possible fluctuations in interest rates.
- Uncertainties in the banking environment.
- Potential impact of interest expense from uninsured deposits.
- Possible economic conditions and related impacts.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.2%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+2.5%
Avg return
30 days after
48%
32 / 66 earnings
Positive
+9.7%
Q1 2020
Best reaction
-6.9%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.4% | -2.9% | -7.3% | |
| Q4 2025 | +1.0% | -0.4% | +2.6% | |
| Q3 2025 | -3.4% | -1.0% | -0.6% | |
| Q2 2025 | -2.1% | -0.3% | +3.6% | |
| Q1 2025 | +1.8% | +4.8% | +12.9% | |
| Q4 2024 | +3.4% | +6.8% | +5.3% | |
| Q3 2024 | -0.7% | -2.5% | +13.5% | |
| Q2 2024 | +0.1% | +3.8% | -0.8% | |
| Q1 2024 | +7.0% | +10.1% | +10.2% | |
| Q4 2023 | +6.6% | +7.3% | +2.5% | |
| Q3 2023 | -2.8% | -4.6% | +5.4% | |
| Q2 2023 | -5.8% | -7.8% | -9.6% | |
| Q1 2023 | +0.0% | -3.2% | -1.7% | |
| Q4 2022 | -0.4% | -0.4% | +9.1% | |
| Q3 2022 | -4.7% | -2.4% | -0.6% | |
| Q2 2022 | -0.9% | +1.3% | +11.4% | |
| Q1 2022 | -4.5% | -6.5% | -11.6% | |
| Q4 2021 | -3.8% | +1.5% | -6.0% | |
| Q3 2021 | -0.8% | -1.9% | +1.6% | |
| Q2 2021 | -4.9% | -6.3% | -5.9% | |
| Q1 2021 | -0.0% | -2.0% | +4.0% | |
| Q4 2020 | +4.1% | +2.4% | +10.5% | |
| Q3 2020 | -1.1% | -0.7% | +15.3% | |
| Q2 2020 | +2.2% | +5.4% | +11.0% | |
| Q1 2020 | +9.7% | +3.5% | +4.8% | |
| Q4 2019 | +6.6% | +3.9% | +3.0% | |
| Q3 2019 | -1.0% | +0.7% | -2.0% | |
| Q2 2019 | +2.0% | +3.3% | -4.1% | |
| Q1 2019 | -2.0% | +0.8% | -4.2% | |
| Q4 2018 | -3.0% | -2.0% | +6.7% | |
| Q3 2018 | -6.9% | -9.0% | -5.1% | |
| Q2 2018 | +0.1% | -0.7% | +2.5% | |
| Q1 2018 | +3.1% | +6.9% | +7.0% | |
| Q4 2017 | +0.3% | +6.4% | +2.1% | |
| Q3 2017 | -5.4% | -10.7% | -14.0% | |
| Q2 2017 | -2.0% | +3.9% | -6.0% | |
| Q1 2017 | +0.0% | +1.8% | -5.3% | |
| Q4 2016 | -0.4% | +1.9% | +6.5% | |
| Q3 2016 | +1.5% | +3.7% | +27.2% | |
| Q2 2016 | +1.8% | +0.9% | +6.9% | |
| Q1 2016 | +0.8% | — | — | |
| Q4 2015 | -3.7% | — | — | |
| Q3 2015 | +4.2% | — | — | |
| Q2 2015 | +1.6% | — | — | |
| Q1 2015 | -3.7% | — | — | |
| Q4 2014 | +1.1% | — | — | |
| Q3 2014 | +4.0% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | +3.4% | — | — | |
| Q4 2013 | +1.5% | — | — | |
| Q3 2013 | +5.0% | — | — | |
| Q2 2013 | -1.3% | — | — | |
| Q1 2013 | +3.7% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q3 2012 | +4.9% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2011 | -0.7% | — | — | |
| Q1 2012 | -1.0% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q3 2011 | -2.3% | — | — | |
| Q3 2010 | -2.3% | — | — | |
| Q2 2011 | -0.5% | — | — | |
| Q2 2010 | -0.5% | — | — | |
| Q4 2010 | -0.5% | — | — | |
| Q1 2010 | +7.0% | — | — |
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